Recap: C4 Therapeutics Q1 Earnings

C4 Therapeutics (NASDAQ:CCCC) reported its Q1 earnings results on Thursday, May 4, 2023 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

C4 Therapeutics beat estimated earnings by 5.33%, reporting an EPS of $-0.71 versus an estimate of $-0.75.

Revenue was down $3.90 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.02 which was followed by a 11.46% drop in the share price the next day.

Here's a look at C4 Therapeutics's past performance:

QuarterQ4 2022Q3 2022Q2 2022Q1 2022EPS EstimateEPS ActualRevenue EstimateRevenue Actual
-0.74 -0.67 -0.69 -0.58 -0.76 -0.65 -0.56 -0.65 7.81M 9.07M 7.64M 8.05M 2.85M 6.75M 13.83M 7.65M

Listen to the earnings announcement yourself by clicking here.

To track all earnings releases for C4 Therapeutics visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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